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Annual Report 2013-2014

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Annual Report 2013-2014 ANNUAL REPORT 2013-2014 CONNECT. INVEST. ACHIEVE. TABLE OF CONTENTS CONNECT 04 Overview INVEST 06 Investors Partners Providers ACHIEVE 08 Overall Results WorkReady Portfolio WorkReady Philadelphia is a cross-sector partnership dedicated to improving the economic Spotlight on Success outcomes of the region’s youth by attracting, aligning and investing resources in youth Make Your Impact workforce development models. The strategies of WorkReady models are aligned with the goals of the Philadelphia Council for College and Career Success, a committee of the Philadelphia Works board. WorkReady year-round and summer programming provides thousands of young people with career preparation opportunities designed to enhance their understanding and mastery of skills needed to become active and productive citizens. WorkReady Philadelphia is managed by the Philadelphia Youth Network, which serves as the backbone organization for WorkReady’s collective impact efforts. WorkReady® is a registered trademark of the Philadelphia Youth Network, Inc. © 2014 Philadelphia Youth Network, Inc. connect ANNUAL REPORT 2013-2014* 3X Nationally, the youth unemployment rate is nearly 3X the general average# 5.8 M ...young adults are out of school and seeking work# 40% ...of employers cite lack of skills as the main reason for job vacancies# 2/3 ...of employers report difficulty filling positions# We see this national data also reflected locally WorkReady’s approach to youth workforce in both our city and our region. In fact, the development secures the economic viability of youth unemployment rate in Pennsylvania is Philadelphia by growing emerging talent. 11 percentage points higher than the general unemployment rate. Each of our dedicated WorkReady partners have been integral to our success – investors, providers, With data such as this, it is clear that the need champions and advocates. Collectively, you to address youth employment is far too big a all have invested your energy, expertise and job for any one entity. So just how do we work resources in one of the most critical components to redefine this jarring data and provide positive to assuring our city’s economic success: our pathways to success for young people? The young people. answer looks much like what we have here in Philadelphia via WorkReady. The data shared in this report illustrates that Philadelphia is committed to developing a For more than a decade, WorkReady prepared workforce and a brighter future for our Creating a future generation of qualified, educated and inspired young people to cultivate Philadelphia has used a collective impact youth as well as our economy. and grow this great city we live in requires a joint effort – particularly as the number of youth approach to increase youth employment, clarify the connection between school and work, and Thank you for your connections and investments out-of-school and out-of-work continues to climb. To ensure movement, growth and overall unite systems to create greater opportunity not that have allowed so many young people success for our system, every component must be the right size and connect at the right time to achieve great things this year. We hope only for young people but the entire City of – much like moving gears. For WorkReady, this means our providers, investors, worksites and Philadelphia. you enjoy this year’s report, Connect. Invest. Achieve., and that you continue with us on the youth must fit together in ways that power the success of our future workforce. Studies have shown when young people are journey to connect every young person in our prepared and motivated about the future city to the opportunities they deserve. Throughout this year’s report, you will see a glimpse of how each component is integral to and their careers, it tremendously benefits the the overall system and mission of expanding career-connected opportunities for youth. Every * September 1, 2013 - August 31, 2014 individuals and the community in which they # Data obtained from www.gradsoflife.org piece of the WorkReady system is vital to achieving success in Philadelphia. work and live. WorkReady prepares young Philadelphians to take their places as employees, entrepreneurs and the leaders of tomorrow. 04 * invest WORKREADY PARTNERS & INVESTORS Diamond Investors (100 or more work experiences and/or an investment exceeding $175,000) City of Philadelphia • City of Philadelphia – Department of Human Services • Philadelphia When it comes to finding a job, we all know that providers, champions and advocates truly serve Works# • The School District of Philadelphia connections matter. And in the world of youth as the foundation of its continued success. These workforce development, connections matter even connections are the framework on which our youth Platinum Investors (25-99 work experiences) Asociación Puertorriqueños en Marcha, Inc. • Bank more. will build future success. Connecting academic skills of America• Cancer Treatment Centers of America • Citizens Bank Foundation • Comcast • Drexel to the workplace provides solid preparation for a University • Independence Blue Cross • The Lenfest Foundation • The Patricia Kind Family From the beginning, WorkReady Philadelphia was promising future. Foundation • PECO • TD Bank • Thomas Jefferson University and Hospitals • United Way of Greater created to align systems and promote models Philadelphia and Southern New Jersey • The Wawa Foundation • Wells Fargo Foundation • William that prepare youth for educational success and We are grateful for our investors who work to fund Penn Foundation career exploration. Throughout the years, this work opportunities, for the partnerships which create Gold Investors (10-24 work experiences) AmeriHealth Caritas • Aqua America, Inc. • CIGNA has achieved unprecedented success, serving as connections, and the providers who implement Foundation• Hahnemann University Hospital • Lankenau Medical Center • Lincoln Financial a model of collective impact in youth workforce programs that enable WorkReady to achieve scale. Foundation • Philadelphia Gas Works • Philadelphia Works • Samuel S. Fels Fund • Southeast development for cities around the country, including Regional Workforce Development Partnership • STARR Restaurants - Support Our Schools Campaign • Chester, PA., Pittsburgh, PA,. Chicago and Detroit. Thanks to your support, WorkReady has created a hub of connections for employers, investors, Verizon Foundation CHESTER, PA City of Chester Strong connections between WorkReady’s investors, communities and our youth. Silver Investors (1-9 work experiences) ACE Group • AECOM • Aramark • Aria Health • Automobile Dealers Association of Greater Philadelphia • Ballard Spahr LLP • BAYADA Home Health Care • Beneficial Bank • Blank Rome LLP • Brandywine Realty Trust • Brown’s Superstores, Inc. • Burns Engineering, Inc. • Cardone Industries • CB Richard Ellis, Inc. • CBS 3 & The CW Philly• CBS Radio Philadelphia • The Children’s Hospital of Philadelphia • Community College of Philadelphia • Concordis Real Estate Advisors, LLC • Cozen O’Connor • CVS Health • Day & Zimmermann • Delaware Investments • Deloitte Employee Contributions to the Deloitte Education Collaborative • Deloitte LLP • DeVry University • District 1199C Training & Upgrading Fund • Diversified Search • Dolfinger-McMahon Foundation • Eckert, Seamans Cherin & Mellott LLC • Ernst & Young LLP • ESM Productions • Federal Reserve Bank of Philadelphia • Firstrust Bank • FMC Corporation • Fox Rothschild LLP • Fresh Grocer Holdings, LLC • Grant Thornton LLP • Greater Philadelphia Alliance for Capital and Technologies • Greater Philadelphia Chamber of Commerce • Greater Philadelphia Cultural Alliance • Holy Family University • Kennedy House • Kimpton Hotel & BeingRestaurant Group, able LLC • KIPPto Administrative participate Services • KPMG in LLP •WorkReady’s La Salle University • Liberty Property intern Trust • Magee Rehabilitation Hospital • Mark Group, Inc. • Marketplace Philadelphia Management • Mercy Philadelphia Hospital • Morgan Lewis & Bockius • NHS Human Services, Inc. • Northeast Building Products Corporation • Peirce College • Pennoni Associates Inc. • Pennsylvania Convention Center • PeopleShareprogram • Philadelphia is Academies, a great Inc. • Philadelphia way College for of OsteopathicTD Bank Medicine to • Philadelphia support Council AFL-CIO • Philadelphia Federation of Teachers Health and Welfare Fund • Philadelphia International Airport • Philadelphia Youth Network • Progress Physical Therapy • Public Health Management Corporation • Radian • Reed Smith • Schnader Harrison Segal & Lewis LLP • Spike’s Trophies, Ltd. • Stockwell Elastomerics,and give Inc. • Stoneleigh back Foundation to •our Stradley, community.Ronon, Stevens & Young, LLP We • Sugarhouse are Casino • Sunoco, Inc. • Tierney Communications • Towers Watson • University City Science Center • The University of the Arts • UPS • Visit Philadelphia • WES Health System • Wescott Financial Advisory Group, LLC • Wills Eye Institute •Young Professionals Network CHESTER, PA CMSI, LLC • Chester Senior Center • Collins Marketsgetting LLC • Exxon talentMobil • Fare & thatSquare • Garrisonwe Lawcan • Harrah’s build Philadelphia towards • Monroe Energy •the The Nakaishi “Group LLC • Pentec Health • Riddle Memorial Hospital • Rotary Club of Swarthmore • Woodstock Business Group WorkReady Seal futureof Approval of Investors our organization. (work experiences managed byIn businesses fact, independent we stillof the WorkReady have system that meet WorkReady’s criteria
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